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CHARLESTON, SOUTH CAROLINA APARTMENTS
 
Economic Overview

Job growth has continued to press ahead in Charleston with more than 7,500 new jobs created over the 12 months ending February 2007. According to the Moore School of Business at the University of South Carolina, job creation in Charleston for 2007 will be approximately 9,500 new jobs. The area continues to benefit from its economic diversity, the presence of the deepwater port and it broad appeal to both tourists and those looking to relocate. (click to enlarge - Charleston Employment Distribution)

 

Employment / Economic Announcements

• MedErr Data Application offers hospitals a service that aims to reduce the number of medical errors and thereby reduce rising medical costs and save lives. This company has chosen Charleston as its headquarters and plans to hire 160 people over the next two years.
• Belimed Inc., an infection control technology company announced that it would locate its corporate headquarters in the Charleston Regional Business Center creating 75 new jobs.
• Swavelle/Mill Creek Fabrics, a fabric designer for the home furnishings market has chosen Charleston for its warehouse operations. The company credits the Port of Charleston with its decision to locate in Charleston and the company anticipates the creation of 60 new jobs.
• Lafarge North America, a buildings materials supplier announced an expansion that will allow the company to retain 112 local jobs and create 18 new jobs.
• EDO Corp. recently expanded into a new 50,000 square foot facility on Daniel Island servicing its core market of battlefield communications. The company expects to grow its workforce from 50 to 70 employees in 2007. • NAVFAC Southeast, the naval engineering division based in Charleston is to close its operation by October 1, 2008, with the loss of approximately 400 jobs.

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Market Data Information Source: © March, 2007 Real Data Aptindex

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